5 points Save Answer QUESTION 30 Cars 30 25 20 5 10 Cars 12 9 1 2 3 4 5 CountryA

Question

5 points Save Answer QUESTION 30 Cars 30 25 20 5 10 Cars 12 9 1 2 3 4 5 CountryA Trucks 1 2 3 1 23 Trucks Country B Which of the following statements are true? O Country A has the absolute advantage in the production of trucks and Country B has the absolute advantage in the production of cars. O Country A has the absolute advantage in the production of cars and Country B has the absolute advantage in the production of trucks. Country A has he absolute advantage in cars and trucks. O Country B has the comparative advantage in the production of cars and trucks.

Explanation / Answer

absolute advantage is when the countyry canm produce both the goods in higher quantity then compared to the other country, here country A has absolute advantage in both the goods , as with the given resources they are producing higher output for both the goods.

so answer is C

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